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and jesse jackson's proe protesters are criticizing the banks, claiming predator lenders trick people into taking out unaffordable lns. but is that true? the federal reserve bank oflet found unaffordable loans are unlikely to be the reason borrowers default. >> if it's not predator lending, what might be? >> you walk away.com -- >> companies that incurrent people to walk away from commitments don't help. >> you walk away.com. this sounds like something dirty about that, walk away from responsibility. >> that's the myth in society, that there's this moral obligation to continue paying a mortgage. >> there is! >> there is no obligation. >> the cofounder calls it a strategic default. if your house is worth less than your mortgage, just stop paying. his web site adds, if you would like to live payment free for eight months or more and walk away without owing a penny. >> sounds like a scam but this is true. >> it's not a scam at all. it's legal. >> one of their clien stopped paying his mortgage. >> you could have afforded to stay there and pay the mortgage. >> well, and they -- >> you were
and jesse jackson's proe protesters are criticizing the banks, claiming predator lenders trick people into taking out unaffordable lns. but is that true? the federal reserve bank oflet found unaffordable loans are unlikely to be the reason borrowers default. >> if it's not predator lending, what might be? >> you walk away.com -- >> companies that incurrent people to walk away from commitments don't help. >> you walk away.com. this sounds like something dirty about that,...
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Dec 31, 2012
12/12
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lisa jackson has been for a long period of time the head of the epa, obama's epa. i asked her the question live on tv. i said, if we were going to pass this cap and trade, would this lower our co2 emissions worldwide? she said no it wouldn't. the reason it wouldn't she said is this only applies to the united states. this isn't where the problem s. the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most expensive one. and it is one that is based on the assumption that the catastrophic global warming is taking place, and it is due to man made gases. the people of this country know better. >> you know, senator, to be able to do that, it would be an outrage to most of us who understand the legislative process and we even have the ept representatives. we would just be ignoring the constitutional responsibility to get authorization. how can he do this? >> that's right. first of all, it is kind of technical, but they tried to do it through legislation for 10, 11 years. that's cap an
lisa jackson has been for a long period of time the head of the epa, obama's epa. i asked her the question live on tv. i said, if we were going to pass this cap and trade, would this lower our co2 emissions worldwide? she said no it wouldn't. the reason it wouldn't she said is this only applies to the united states. this isn't where the problem s. the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most...
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Jan 1, 2013
01/13
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sheila jackson from texas was in the room with the democrats. she joins me now. congresswoman. happy new year. >> happy new year, chris, to you, and happy new year to mesh. >> well, i know you ducked out of the meeting, but can you give us a sense of what it was like in that room? >> i certainly can. first of all, let me thank president obama and vice president biden working as a team on behalf of the american people and for showing the extent of patience that they've had to show over these last couple of months and certainly since august of 2011. there's about an a great deal of patience, and i think as the meeting has begun with the vice president he was appropriately respectful of how challenging an effort this was, but more importantly, how important this was for the american people and the trust that was given to him by the president and leader reid to engage with jord leader mcconnell who had heretofore, if you will, joined with the chorus of naysayers not wanting to do figure. right now we are going over what the proposal is to the american people. let me just say this.
sheila jackson from texas was in the room with the democrats. she joins me now. congresswoman. happy new year. >> happy new year, chris, to you, and happy new year to mesh. >> well, i know you ducked out of the meeting, but can you give us a sense of what it was like in that room? >> i certainly can. first of all, let me thank president obama and vice president biden working as a team on behalf of the american people and for showing the extent of patience that they've had to...
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Dec 28, 2012
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thank you, congresswoman sheila jackson lee. i also hope you get to vote on sunday and you get to vote on a good deal. >> thank you. coming together with coffee. >> all right. when we come back, more from the halls of congress and today's main attraction at the white house. [ male announcer ] playing in the nfl is tough. ♪ doing it with a cold, just not going to happen. vicks dayquil -- powerful non-drowsy 6-symptom cold & flu relief. ♪ no matter what city you're playing tomorrow. [ coughs ] [ male announcer ] you can't let a cold keep you up tonight. ♪ vicks nyquil -- powerful nighttime 6-symptom cold & flu relief. ♪ and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card
thank you, congresswoman sheila jackson lee. i also hope you get to vote on sunday and you get to vote on a good deal. >> thank you. coming together with coffee. >> all right. when we come back, more from the halls of congress and today's main attraction at the white house. [ male announcer ] playing in the nfl is tough. ♪ doing it with a cold, just not going to happen. vicks dayquil -- powerful non-drowsy 6-symptom cold & flu relief. ♪ no matter what city you're playing...
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Dec 28, 2012
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. >> michael jackson's late effort family drama, this year's headlines read like a movie script. but it also brought a loss to some entertainment legends. hears a look at some of the biggest stories. ♪ and i will always love you >> the body of 48-year-old whitney houston lay on the fourth floor of the beverly hilton hotel. police saying that they showed up about 3:55:00 p.m. pacific time responding to a distress call there at the hotel and they found whitney houston dead tonight. ♪ >> the night's big winner was adelle. walking away with six grammys. ♪ >> taylor swift stole the show for the second year in a row. she was crowned entertainer of the year. >> three, two, one! >> you know how to hunt. >> only one comes out. >> it's starting to hit us huge. >> an ode to old hollywood. it stole the spotlight. first silent movie to win the title since the first oscar ceremony 83 years ago. >> welcome. we are very happy to have you as always here with american bandstand. >> few people touched the entertainment world white the way dick clark did. he had the new year's eve specials. he
. >> michael jackson's late effort family drama, this year's headlines read like a movie script. but it also brought a loss to some entertainment legends. hears a look at some of the biggest stories. ♪ and i will always love you >> the body of 48-year-old whitney houston lay on the fourth floor of the beverly hilton hotel. police saying that they showed up about 3:55:00 p.m. pacific time responding to a distress call there at the hotel and they found whitney houston dead tonight....
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Dec 28, 2012
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also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the tru
also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources...
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Dec 27, 2012
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and jackson's tenure was marched by brawls over global warming pollution. the keystone pipeline and coal fired plants. the president praising her efforts, calling her commitment to the health of families unwavering. >>> former senator chuck hagel's possible nomination as defense secretary is taking another hit today. i want to show you this. take a look. it is the new ad from the log cabin republicanss. it says chuck hagel is wrong on iran, wrong on israel and wrong on gay rights. he's been criticized for his past remarks on the gay community, on israel and for his opposition to take unilateral actions against iran. take a listen. >> that trial balloon has been popped. the senator hagle as a possibility for secretary of defense has lost a lot of altitude. >> here so explain why it matters is democratic strategist jimmy williams. jimmy, in all fairness, though, when it comes to gay rights, hagel has many coout to apologize for those remarks that he made almost 15 years ago. explain the unique situation that hagel is in here where he's being hit from both sid
and jackson's tenure was marched by brawls over global warming pollution. the keystone pipeline and coal fired plants. the president praising her efforts, calling her commitment to the health of families unwavering. >>> former senator chuck hagel's possible nomination as defense secretary is taking another hit today. i want to show you this. take a look. it is the new ad from the log cabin republicanss. it says chuck hagel is wrong on iran, wrong on israel and wrong on gay rights. he's...
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Dec 27, 2012
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next to her is surely an jackson. she has 51 of honorary degrees. she has been the first of everything -- the national science foundation. she was the very first black woman to get a ph.d. at and i.t.. [applause] she is an expert in medicare and medicaid and all things health. she has been called the health czar of america. the point guard over hauling the system. how about that for a job? what a powerhouse right here. so we actually have a lot of brainpower up here. all of you could have done very different things. you had a lot of choices. i would love to hear about how you ended up taking what you did. who wants to start? >> a failed of violinist. i was raised to be a musician. my mother still asks may what happened. i was always interested in politics and writing stories for the paper. it actually was complete serendipity. i was in college and was at a meeting of the naacp. we had some big issues. this was the 1960's and we heard music down the hall. it was the college radio station and i was drawn to it. i pitched in and begin programming class
next to her is surely an jackson. she has 51 of honorary degrees. she has been the first of everything -- the national science foundation. she was the very first black woman to get a ph.d. at and i.t.. [applause] she is an expert in medicare and medicaid and all things health. she has been called the health czar of america. the point guard over hauling the system. how about that for a job? what a powerhouse right here. so we actually have a lot of brainpower up here. all of you could have done...
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Jan 3, 2013
01/13
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unbelievably, these are all adults and as you might imagine, lake jackson, jackson lake up in the hill, a remote small body of water is now officially closed until when, megyn? until march when the ice melts. >> megyn: unbelievable. that's straight out of "it's a wonderful life" right? little harry. don't sled onto the ice. >> and what's one of the first things you learn, you don't go to the edge. ice. told at that from the time you can walk and the guys are laughing and flailing around freezing in the the water. eight minutes before he gets out. >> megyn: hopefully serves as a good warning. adam, thanks, be right back. ( bell rings ) they remind me so much of my grandkids. wish i saw mine more often, but they live so far away. i've been thinking about moving in with my daughter and her family. it's been pretty tough since jack passed away. it's a good thing you had life insurance through the colonial penn program. you're right. it was affordable, and we guaranteed acceptance? it means you can't be turned down because of your health. you don't have to take a physical or answer any heal
unbelievably, these are all adults and as you might imagine, lake jackson, jackson lake up in the hill, a remote small body of water is now officially closed until when, megyn? until march when the ice melts. >> megyn: unbelievable. that's straight out of "it's a wonderful life" right? little harry. don't sled onto the ice. >> and what's one of the first things you learn, you don't go to the edge. ice. told at that from the time you can walk and the guys are laughing and...
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Dec 28, 2012
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jackson will step down in january, just after the president's state of the union address. the epa created new standard for air pollution from coal power plants on her watch. >>> hillary clinton won't be on the sidelines much longer. back at work next week after spending the past three fighting off what the state department says was the stomach flu and a concussion from when she fainted. doctors have grounded her from overseas travel for a few more weengz. her return means she may soon testify before congress on the attack in benghazi. >> lisa jackson, if republicans have their way in the fiscal cliff conversation, they get rid of the epa. they talk about the cannot of education, the department of agency and epa waste of money. >> cost too much, all about regulations. are you one of the few people employed to this organization who has been to north korea. >> twice. i hope to go back again soon. >>> just ahead, a warning to democrats from republicans, they will not write a blank check to solve the fiscal cliff. reaction from debbie snab now of michigan, next. >>> plus, the b
jackson will step down in january, just after the president's state of the union address. the epa created new standard for air pollution from coal power plants on her watch. >>> hillary clinton won't be on the sidelines much longer. back at work next week after spending the past three fighting off what the state department says was the stomach flu and a concussion from when she fainted. doctors have grounded her from overseas travel for a few more weengz. her return means she may soon...
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Dec 28, 2012
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. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is the first prominent candidate to declare for the race. >>> mom and pop shops across the country bracing for a labor fight that could cripple businesses. more on the key workers that could walk off the job coming up. consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust goes a long way. duracell with duralock. trusted everywhere. your doctor will say g
. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is...
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Dec 28, 2012
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earlier today the reverend jesse jackson told cnn chicago officials can't do much to stop the bloodshed. >> it is a grim reminder of how desperate we are. we have been riveted by the killing in newtown, the children will never see santa claus again, never have an easter bunny. something about that grabbed us. i think the president's focus was well focused but serves to illuminate the crisis in chicago. 32,000 americans are killed by gunfire a year across the country. here is the problem. no gunshots in chicago. guns come in from the suburbs and drugs come in from mexico. we know the three gun shops that sell most of the guns that come to chicago. one gun shop alone in riverdale sells half the guns that kill people in chicago. the mayor, mayor daly worked on it, mayor emanuel works on it. they have to stop the guns from coming in and the drug interests co from coming in and the jobs from going out. >> there is a gang war in chicago on the west and south sides. the police are outmanned, undermanned and outgunned. and the criminals are killing each other to climb up, you know, the next wru
earlier today the reverend jesse jackson told cnn chicago officials can't do much to stop the bloodshed. >> it is a grim reminder of how desperate we are. we have been riveted by the killing in newtown, the children will never see santa claus again, never have an easter bunny. something about that grabbed us. i think the president's focus was well focused but serves to illuminate the crisis in chicago. 32,000 americans are killed by gunfire a year across the country. here is the problem....
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Jan 3, 2013
01/13
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former representative jesse jackson jr. from illinois, democrat, and the senate-designate, tim scott, republican from south carolina, leaving the house, of course, and that's now an open seat, congressional seat becoming south carolina's newest senator. so the breakdown in the house is 233 republicans to 200 democrats. now you're looking at the senate side and the swearing-in happens in, basically, different groups. let's listen in there. [applause] [inaudible conversations] jon: almost hard to believe, bret, the way that this bipartisan group being sworn in to a new term gets a round of applause from everybody in the chamber after all of the rancor and the name calling we've heard over the last couple of weeks. >> that's right. and, you know, this is, you know, it's a ceremonial time, but it's also a time when both sides acknowledge this is a big moment for especially new members, to take the oath of office, to pledge that they are going to do the country's duty to the constituents that they -- that elected them, who elect
former representative jesse jackson jr. from illinois, democrat, and the senate-designate, tim scott, republican from south carolina, leaving the house, of course, and that's now an open seat, congressional seat becoming south carolina's newest senator. so the breakdown in the house is 233 republicans to 200 democrats. now you're looking at the senate side and the swearing-in happens in, basically, different groups. let's listen in there. [applause] [inaudible conversations] jon: almost hard to...
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Dec 29, 2012
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democratic congressman jesse jackson junior of illinois was re-elected even though he was absent for months due to mental health issues and underfederal investigation, for misusing congressional resources. weeks after the election, he resigned. during the campaign, allegations surfaced ta pro-life republican congressman scott day jar lay of tennessee had urged his pregnant mistress to get an abortion a decade ago. he denied she was pregnant or had an abortion and he was re-elected by 12 points. number five, libor pants on fire. even if you've never heard of libor, it probably has an impact on your finances the trt rates on mortgages and credits cards are determined in part at the rate banks borrow from each other called libor. in june, barclays paid more than half a million dollars for manipulating the interest rates and investigations are still on going. the sheer scale of it is huge. it made bernie madoff look like a skid row pickpocket. >>> number four, big trouble in communist china. everybody thought one of the most powerful politicians in china party chief boojili was getting r
democratic congressman jesse jackson junior of illinois was re-elected even though he was absent for months due to mental health issues and underfederal investigation, for misusing congressional resources. weeks after the election, he resigned. during the campaign, allegations surfaced ta pro-life republican congressman scott day jar lay of tennessee had urged his pregnant mistress to get an abortion a decade ago. he denied she was pregnant or had an abortion and he was re-elected by 12 points....
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Jan 3, 2013
01/13
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question is, how much of because of sandy. >> mike jackson is on tomorrow. >> not me. who is jack thorton? now he's dating some model or something. >> a big, swinging twitter person now. >> he dates models mow. >> and the private market is valuing like 11 -- >> she doesn't think of him as a nerd or geek or anything. she thinks he's the cat's mimi yao. >> as is normal, costco, one of the first retailers to talk about these things, the warehouse giant posting a better than expected 9% rise in same-store sales. let's check on the markets. we're back to 13.4 on the dow. okay. but we are at 13,5, 13.6. >> because of the same reason congress can only move one leg at a time. >> we're only back at 134. >> we got to resolution, but now we know we have another two months. >> it can't go up every day, i guess. but the s&p is actually closer to the high end of the terrain than the dollar is right now. >> what is it, three points away from a five-year high? >> this is not going to last. >> although it was pointed out that he's not an equities guy. he's a bond guy. and he pointed ou
question is, how much of because of sandy. >> mike jackson is on tomorrow. >> not me. who is jack thorton? now he's dating some model or something. >> a big, swinging twitter person now. >> he dates models mow. >> and the private market is valuing like 11 -- >> she doesn't think of him as a nerd or geek or anything. she thinks he's the cat's mimi yao. >> as is normal, costco, one of the first retailers to talk about these things, the warehouse giant...
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Dec 29, 2012
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a young man or the name of jamel jackson tried to protect his mother by a state trooper in a few days later he died at a local hospital and selma. because of what happened to him, we decided to march from selma to montgomery. since sunday, march 7, 1965 to about this time of day, 600 of us participated in nonviolent workshop. we line up in twos to a 50 master and selma to montgomery, to dramatize to the nation into the world that people of color in alabama once you're registered to vote. during those days, i had all of my hair and a few pounds lighter. i was wearing a back pack that became fashionable to wear back packs. and this backpack i had to boot. i thought i was going to be arrested, go to jail, so i wanted to have some thing to read. i had an apple and i had an orange. one apple and one orange. i wanted to have something to eat. i had to face into spanish. i was going to be in jail with my friends, colleagues and neighbors. i wanted to be with depression and teeth. as we were crossing the alabama river, my colleague walking beside me, a young man by the name of josÉ william s
a young man or the name of jamel jackson tried to protect his mother by a state trooper in a few days later he died at a local hospital and selma. because of what happened to him, we decided to march from selma to montgomery. since sunday, march 7, 1965 to about this time of day, 600 of us participated in nonviolent workshop. we line up in twos to a 50 master and selma to montgomery, to dramatize to the nation into the world that people of color in alabama once you're registered to vote. during...
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Dec 29, 2012
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a young man by the name of jimmy lee jackson tried to protect his mother, shot in the stomach by a state trooper in a few days later he died at a local hospital. because of what happened to have, we decided to march from selma to montgomery. so march 7, in 1865, about this time of day, 600 of us have participated in a non-pilot workshop. we ran up to a 50 miles and selma to montgomery, to dramatize the nation and wrote the people of of color in alabama wanted to register to vote. during those days, i had all of my hair and a few pounds lighter. i was wearing a bat pack before it became fashionable to wear but tax. and they missed that part i had two books. i thought it was going to be arrested, go to jail, so wanted to have some thing to read. i had an apple and i had an orange. one apple and one orange. i wanted to do something to eat. i thought it was going to be in jail with my friends, my colleagues and neighbors. i wanted to be able to brush my teeth. as we were crossing the alabama river, my colleague walking beside me, a young man by the name of josÉ williams said to me, john, ca
a young man by the name of jimmy lee jackson tried to protect his mother, shot in the stomach by a state trooper in a few days later he died at a local hospital. because of what happened to have, we decided to march from selma to montgomery. so march 7, in 1865, about this time of day, 600 of us have participated in a non-pilot workshop. we ran up to a 50 miles and selma to montgomery, to dramatize the nation and wrote the people of of color in alabama wanted to register to vote. during those...
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Jan 2, 2013
01/13
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jackson lee: i add my appreciation to mr. dreier as well and ask the question, why are we here think? know why i'm here. to protect working -- i know why i'm here. to protect working american, the vulnerable and the middle class. at the end of the clinton administration we had $5 trillion in surplus and it went out the window with tax cuts, bush tax cuts, and wars that we could not pay for. so i stand here today to say that working class and the vulnerable have the unemployment insurance and earned income tax and cuts in their taxes that they really need. but we still have work to do. want to make sure that we restore some very serious cuts that impact on the health care of americans and we have work to do on the sequestration and our fight is the same fight with the alcio. we want to make sure that the working americans don't pay for the rich getting richer. we're going to cut against cuts and what we have to do today is to make sure that we can go forward. but we should not do it without the understanding that there's some
jackson lee: i add my appreciation to mr. dreier as well and ask the question, why are we here think? know why i'm here. to protect working -- i know why i'm here. to protect working american, the vulnerable and the middle class. at the end of the clinton administration we had $5 trillion in surplus and it went out the window with tax cuts, bush tax cuts, and wars that we could not pay for. so i stand here today to say that working class and the vulnerable have the unemployment insurance and...
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Dec 28, 2012
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president obama met with jesse jackson every saturday for about one year, but ever since he was president he did not invite him to the white house one time. all of these black people crazy about obama, you had better think twice. thank you. guest: you were right that houses were overpriced in california, but they were overpriced before the bubble. houses in north carolina might cost you $600,000 before the bubble, $1.5 million at the height of the bubble, and now down to $400,000 -- four times as expensive as they would begin south carolina, which does not have land use restrictions. host: denver, colorado, ron. republican women. -- republican. caller: good morning. it seems like the community reinvestment act that was passed in 1975 more or less laid the foundation for the housing bubble as that was the beginning of the sub-prime. that evolves and was expanded upon. business took advantage of it. because of that we get the ball. the -- bubble. the cra is still on the books, and sub-prime loans are still being made. i was wondering, do you think a major part of the foundation was the comm
president obama met with jesse jackson every saturday for about one year, but ever since he was president he did not invite him to the white house one time. all of these black people crazy about obama, you had better think twice. thank you. guest: you were right that houses were overpriced in california, but they were overpriced before the bubble. houses in north carolina might cost you $600,000 before the bubble, $1.5 million at the height of the bubble, and now down to $400,000 -- four times...
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Dec 29, 2012
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caroline rye cliff and alicia coleman jackson dealing with food and hunger. i want to ask you as you look through some of these figures what surprised you the most? what did you learn? guest: well, thanks for having me. just to talk about some of our main findings our statistics are based on food calendar year 2011 and that's base tond food survey conducted in 2011. we found that about 14.9% households were food insecure. food insecure means they lack consistent food. food insecurity rate in the u.s. is around 14% to 15% since 2008. from 2007 to 2008 food insecurity increased with the resession. it was at 11% prior to the recession. >> let me go to this sub head linebacker here. the 15% of these households being food insecure means they have trouble putting adequate food on the table. the question is why? why do we have hunger in america even in today's day and age? >> we have a number of programs that target at food insecurity but we have very high poverty rates in the country, high levels of unemployment and this contributes to the levels of food insecurity
caroline rye cliff and alicia coleman jackson dealing with food and hunger. i want to ask you as you look through some of these figures what surprised you the most? what did you learn? guest: well, thanks for having me. just to talk about some of our main findings our statistics are based on food calendar year 2011 and that's base tond food survey conducted in 2011. we found that about 14.9% households were food insecure. food insecure means they lack consistent food. food insecurity rate in...